1684 Lake Placid DrTrappeMD21673
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1684 Lake Placid Dr, Trappe, MD, 21673 in Trappe speaks for itself: 10.71% gross on a $404,940 price, generating $3,614/mo in rent and $1,096/mo in net income after the $1,821/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,151 stacks alongside $111,877 in projected five-year appreciation and $3,730/yr in principal reduction. Projected total cumulative return: $224,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $1,096 | $850 |
City averages based on Trappe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,614 |
| Total Monthly Debt Service | $2,357 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21673, Trappe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,144 (65.1%) |
| Renter Occupied HU | 338 (19.2%) |
| Vacant Housing Units | 276 (15.7%) |
| Median Home Value | $480,172 |
| Average Home Value | $790,719 |
Housing Distribution
Address Breakdown
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21673, Trappe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,144 (65.1%) |
| Renter Occupied HU | 338 (19.2%) |
| Vacant Housing Units | 276 (15.7%) |
| Median Home Value | $480,172 |
| Average Home Value | $790,719 |
Housing Distribution
Address Breakdown
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
